Fast Retailing Co., Ltd. (OTCMKTS:FRCOY – Free Report) – Erste Group Bank reduced their FY2026 earnings estimates for Fast Retailing in a research report issued to clients and investors on Monday, July 27th. Erste Group Bank analyst H. Engel now expects that the company will earn $1.00 per share for the year, down from their previous forecast of $1.01. Erste Group Bank also issued estimates for Fast Retailing’s FY2027 earnings at $1.13 EPS.
A number of other brokerages also recently commented on FRCOY. Zacks Research downgraded Fast Retailing from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Sanford C. Bernstein assumed coverage on Fast Retailing in a research note on Tuesday, May 26th. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.
Fast Retailing Price Performance
Shares of OTCMKTS FRCOY opened at $49.80 on Friday. Fast Retailing has a 12-month low of $29.25 and a 12-month high of $55.65. The stock’s 50 day simple moving average is $50.23 and its 200 day simple moving average is $45.36.
Fast Retailing (OTCMKTS:FRCOY – Get Free Report) last issued its earnings results on Thursday, July 9th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.06. The business had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6 billion.
About Fast Retailing
Fast Retailing Co, Ltd. is a Japanese retail holding company best known as the parent of Uniqlo, one of the world’s leading casual apparel brands. Headquartered in Yamaguchi Prefecture, Japan, Fast Retailing focuses on the design, manufacture and global distribution of everyday wear for men, women and children. Its core business centers on accessible, high-quality basics that blend functionality with minimalist styling, underpinned by proprietary fabric technologies such as HEATTECH and AIRism.
The company traces its roots to a men’s clothing shop founded by Tadashi Yanai’s family in 1963.
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